Cedar

company on 3 shows · 5 statements across 1 episodes · said 10 times in 3 episodes since 2020

the a16z Podcast 8 Invest Like the Best 1 Top Founders 1

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the a16z Podcast 8Top Founders 1Invest Like the Best 1

2026 1 mention in 1 episode
2023 8 mentions in 1 episode
2020 1 mention in 1 episode

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5 statements about Cedar, every show

a16z Opinion
Florian Otto: Healthcare administration remains stuck in the 1980s
“When you see on the administrative side, I think it's still completely stuck kind of in the eighties, right? So you literally have the fax machine still there. You're still having checks being mailed right and left. And you still have something like prior auth…”
Florian Otto Jul 14, 2023 ▶ 2:39 Why 50% of Every Dollar Billed Is Lost In Healthcare
a16z Insight
Otto: Poor Medical Billing Destroys Patient Trust in Healthcare Providers
“So overall, what was really interesting, she basically said, never take me back to that hospital because she lost trust in us. So if the billing is so messed up, she also lost trust in the medical side.”
Florian Otto Jul 14, 2023 ▶ 4:29 Why 50% of Every Dollar Billed Is Lost In Healthcare
a16z Disclosure
Otto: Cedar infers patient job class and demographics for billing outreach
“And then we know, what is the insurance plan? That's also another data point. So that infers, is it a blue color, is it a white color plan? Then, of course, we know what is the demographics of that, of a certain invention, because we have date of birth, right?…”
Florian Otto Jul 14, 2023 ▶ 5:10 Why 50% of Every Dollar Billed Is Lost In Healthcare
a16z Disclosure
Otto: Cedar uses multi-armed bandit algorithms to personalize billing follow-ups
“So we use these multi-armed bandits, they're called. And then based on how the patient clicks through the app, that gives us another set of data, which is engagement data. And together with this engagement data, then of course the follow-ups are different. I m…”
Florian Otto Jul 14, 2023 ▶ 5:43 Why 50% of Every Dollar Billed Is Lost In Healthcare
a16z Assertion Not checkable as stated
Otto: Hospital operating margins typically hover between 1% and 3%
“And when you before Cedar only had a margin of maybe one or two or three percent, getting additional percent or percent and a half is of course very impactful.”
Florian Otto Jul 14, 2023 ▶ 6:51 Why 50% of Every Dollar Billed Is Lost In Healthcare

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